Latest Investment News
Fresh Round of FDI Approvals
Tuesday, August 07, 2007 : A fresh round of approvals by the Foreign Investment Promotion Board had the Finance Minister P. Chidambaram approving 17 proposals of foreign direct investment.
DSP Merrill Lynch Gold Fund offers Good Prospects
Monday, August 06, 2007 :
After the Securities Exchange Board of India revised its policy on capital outflow, allowing fund houses to invest upto USD 2 billion in overseas funds and securities, DSP Merrill Lynch has been the first to launch a feeder fund.
Sliding Stocks force Purvankara to revise Price Band
Monday, August 06, 2007 : The bear’s hug caught Puravankara off-guard last week, forcing the company to revise its price band for its IPO from Rs.500 –Rs.525 to Rs.400-Rs.450 per share.
HSBC MF, Kotak MF launch new fund schemes
Thursday, August 02, 2007 : HSBC Dynamic Fund, a new fund scheme launched by HSBC Mutual Fund aims at providing flexibility of moving investment portfolios to fixed income securities. Targeting investors with a higher risk appetite, the scheme promises a diversified portfolio, and will be available between August 3 and August 30.
HDIL Vs IVR Prime issue prices
Thursday, July 26, 2007 : It spelt good times for HDIL when the listing day ended on Tuesday. It ended at Rs 559.35, up by almost 12% over its issue price of Rs 500. Even as it saw a high of Rs 575.95 and a low of Rs 535 during the day at NSE, it managed to maintain Rs 11, 730.6 crore market capitalisation.
Govt. seeks FDI through Investment Windows
Wednesday, July 11, 2007 :The Government has chalked out an aggressive plan to woo foreign direct investment in India in order to realize its target of 9% growth in the 11th Plan. The Government is considering a joint venture with the private sector to establish investment promotion centres in India and 10 countries.
RBI restricts Issue of Hybrid Instruments under FDI
June 12, 2007 : The Reserve Bank of India issued fresh guidelines last week with respect to its Foreign Direct Investment (FDI) Policy.
Single cap for FDI, FII on the cards
June 07, 2007 : After much debate on the cap on foreign direct investment (FDI) and foreign institutional investors (FII), the Indian government is most likely to impose a composite limit on both, across all sectors.
Lock-in Period on NRI Investments in Real Estate Likely
June 06, 2007 : To further restrict foreign investment in Indian real estate, the Government is preparing to introduce a lock-in period for non resident Indians who invest in projects prior to an initial public offer.
23 FDI proposals meet Indian Government Approval
June 01, 2007 : Foreign Direct Investment (FDI) proposals worth Rs.418.33 crore were cleared by the Finance Ministry yesterday, based on the recommendations of the Foreign Investment Promotion Board (FIPB).
FDI Performance Report: Quantitative Improvement, states RBI
June 01, 2007 : Foreign direct investment to India during 2006-07 trebled over the last year, the RBI announced yesterday. FDI accounted for USD 17.1 billion of a total of USD 27.3 billion of capital inflows during the year.
NRI Investment in Kolkata Real Estate
May 15, 2007 : Inspite of the turmoil in Nandigram last month, West
Bengal’s real estate market is booming. This has been borne out by London-based REIT Asset Management’s
decision to invest in two mini-townships in Kolkata
NRI Investments Homing Down to Nagpur
May 14, 2007 : Realty brokers from Nagpur are hopping across the globe to sign property deals with NRIs eager to invest in real estate in the Orange city.
NRI Shashi Tharoor joins Dubai firm Promoting Foreign Investment in India
Friday, May 11, 2007 : Shashi Tharoor has taken up a new appointment as the
Chairman of Afras Ventures, a company based in Dubai in quest of investment
opportunities primarily in Kerala.
NRI and Foreign Investment Sought by Andhra CM
May 09, 2007: Successive governments in Andhra Pradesh have created favorable conditions for investment by multinationals and industrialists in the state.
RBI Likely To Review FDI and FII Sectoral Caps
May 04, 2007: The gap between foreign direct investment (FDI) and foreign institutional investors (FIIs) will soon be removed in non sensitive sectors of the economy, while sensitive sectors like telecom and real estate in India .
NRIs Pledge Investment in Education in Punjab
May 04, 2007:The education sector in Punjab will get a boost with committed NRIs offering to invest on a large scale in raising the standards of academic infrastructure in the state. . The Chief Minister welcomed the participation of the NRIs in the progress of the state.
